• DocumentCode
    1250068
  • Title

    Introduction to game theory and its application in electric power markets

  • Author

    Singh, Harry

  • Author_Institution
    Dept. of Electr. Econ., PG&E Energy Services, USA
  • Volume
    12
  • Issue
    4
  • fYear
    1999
  • fDate
    10/1/1999 12:00:00 AM
  • Firstpage
    18
  • Abstract
    Game theory is a discipline that is used to analyze problems of conflict among interacting decision makers. It may be considered as a generalization of decision theory to include multiple players or decision makers. Here, the author presents an introduction to game theory as well as its application to electric power market allocation problems
  • Keywords
    decision theory; electricity supply industry; game theory; power system planning; conflict problems analysis; decision theory generalisation; electric power market allocation problems; game theory; interacting decision makers; multiple decision makers; multiple players; Decision theory; Game theory; Nash equilibrium; Power markets; Waste materials;
  • fLanguage
    English
  • Journal_Title
    Computer Applications in Power, IEEE
  • Publisher
    ieee
  • ISSN
    0895-0156
  • Type

    jour

  • DOI
    10.1109/67.795133
  • Filename
    795133